Iraq Launches Tender To Develop Baghdad Airport Under PPP Contract

The step comes after authorities in September 2023 authorized a contract with the International Money Corporation, a participant of the World Bank, to act as lead expert for the PPP. The collaboration aims to bring the centers, safety and security and services at Iraq’s largest worldwide portal in accordance with worldwide requirements.

Iraq is in need of infrastructure rehab and enhancement, and it is wished the PPP will help to lay the foundations for future projects to tap into personal funding and know-how. The system additionally aligns with Iraq’s 2030 Vision for Sustainable Advancement, which intends to present economic sector involvement for essential framework assets and decrease the country’s dependency on oil.

Additionally, on July 14, the Iraqi Civil Aviation Authority authorized a new air services contract with Austria. It is wished the action will facilitate the launch of nonstop service in between the countries after an absence of greater than ten years.

BGW is served by 21 providers presently, OAG Schedules Analyser data shows, led by Iraqi Airways with a 36.6% share of all departure seats. Fly Baghdad is the 2nd largest with a 10% share, complied with by UR Airlines with 6.8%.

Authorities from the country’s Transport Ministry and the Iraqi Civil Aeronautics Authority satisfied earlier in July to go over the next actions toward lifting Europe’s ban on Iraqi Airways. The national airline company has actually gone through an operating restriction given that late 2015 and has actually given that utilized damp leases to serve European locations.

BGW managed greater than 3.4 million passengers in 2023, but the government believes web traffic can boost to approximately 9 million guests each year by 2036. To accomplish this goal, a new terminal will likely require to be constructed.

“The picked private partner is expected to fix up the flight terminal and improve facilities, increase passenger and cargo terminal centers to satisfy website traffic demand and run and preserve the flight terminal in accordance with global best method, including IATA and ICAO standards, to supply best-in-class services to the airport terminal individuals,” the tender for the PPP claims. The target date for applications is Sept. 12.

Iraq’s federal government has actually introduced a two-stage public tender to pick a private sector companion to develop and operate Baghdad International Flight Terminal (BGW) under a public-private collaboration (PPP) contract.